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Nonprofit · EIN 51-0381849

BE READY COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · WILMINGTON, DE 19805

Financials

$1M$797K2023
Revenue Expenses · by fiscal year end
Financials of BE READY COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$1,028,542$796,715$231,827$5,134,064$2,400,986$2,733,078
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$591,819
of which government grants
$235,395
Program service revenue
$14,752
Investment income
$535
Net rental income
$53,839
Other revenue
$421,436

Expenses

Grants and similar amounts paid
$401,600
Compensation of officers, directors and key employees
$25,327
Salaries, compensation and benefits (total)
$25,327
Professional fundraising fees
$0
Occupancy
$100,209
Travel
$995
Depreciation
$71,040
Program services (functional)
$770,651
Management and general (functional)
$13,510
Fundraising (functional)
$12,554

Balance sheet and other

Total assets, start of year
$4,961,010
Total assets, end of year
$5,134,064
Total liabilities, end of year
$2,400,986
Net assets, end of year
$2,733,078
Land, buildings and equipment
$4,039,316
Net assets without donor restrictions
$1,700,194
Net assets with donor restrictions
$1,032,884
Gross receipts
$1,028,542
Employees
0
Volunteers
7
Year formed
1998
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
emmanuel Deshieldspresident
Trustee or director, Officer
20$16,084
Regina RhodesSecretary
Trustee or director, Officer
4$9,243
margaret Moonvice President
Trustee or director, Officer
20$0
Sarah JohnsonTreasurer
Trustee or director, Officer
4$0

Address and contacts

Address (IRS master file)
1411 W 4TH ST, WILMINGTON, DE 19805-3509
In care of
% THE ORGANIZATION
Mailing address (990-N for 2015)
1411 w 4th street, wilmington DE 19805
Principal officer (990 for 2023)
MARGARET MOON, 1411 W 4th St, Wilmington, DE 19805
Principal officer (990-N for 2015)
lottie m lee, 1411 w 4th street, wilmington DE 19805
Signed the 990
MARGARET MOON, EXECUTIVE DIRECTOR
Phone
(302) 655-2700
Return prepared by
WITHUMSMITHBROWN PC

Mission

BE READY CDC ("BRCDC") IS A MULTIFACETED FAITH-BASED COMMUNITY SERVICE ORGANIZATION WHOSE MISSION IS TO DEVELOP PROGRAMS AND SERVICES TO REVITALIZE LOCAL COMMUNITIES BY PROVIDING HOUSING, EDUCATION, SOCIAL SERVICES, RECREATION AND ECONOMIC DEVELOPMENT. BRCDC SERVES AT RISK YOUTHS AND THEIR FAMILIES PRIMARILY THROUGHOUT NEW CASTLE COUNTY AND THE CITY OF WILMINGTON.

990 for the year ended December 31, 2023

Program accomplishments

  • YOUTH SERVICES - BRCDC PROVIDES YOUTH TRAINING AND ACTIVITIES TO BUILD TEEN LEADERS THROUGH ITS BLOC ACADEMY AND AFTER SCHOOL PROGRAM. BRCDC PROVIDES A SUMMER CAMP AND AFTER SCHOOL PROGRAMMING FOR CHILDREN 4TH-8TH GRADES THROUGH ITS PARTNERSHIP WITH URBANPROMISE'S CAMP PROMISE.
    Expenses $52,430 · revenue $7,500
  • Transitional Housing- THE LAZARUS HOUSE AND ESTHER PLACE OFFER LONG-TERM TRANSITIONAL HOUSING AND SOCIAL SERVICES IN A COOPERATIVE LIVING ENVIRONMENT. THE LAZARUS HOUSE PROVIDES SERVICES FOR MEN, WHILE ESTHER PLACE IS FOR WOMEN AND CHILDREN.
    Expenses $508,261
  • Affordable Housing SOLOMON'S COURT WILL PROVIDE 18 AFFORDABLE AND ACCESSIBLE 1 AND 2 BEDROOM APARTMENTS AND COMMERCIAL SPACE FOR SMALL BUSINESSES FOR WHICH TRAINING WILL BE PROVIDED FOR SMALL BUSINESSES. 6 OF THE 18 UNITS WERE PLACED INTO SERVICE IN MARCH 2023.
    Expenses $150,979
  • Community outreach
    Expenses $58,981

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0381849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,134,064
Income (IRS master file)
$1,028,542

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$1,028,542$796,715$5,134,064XML
990December 2022$1,430,946$272,539$4,961,010IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2015
Officer: lottie m lee
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0381849).

Questions about BE READY COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of BE READY COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of BE READY COMMUNITY DEVELOPMENT CORPORATION is 51-0381849.
Is BE READY COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to BE READY COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BE READY COMMUNITY DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BE READY COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BE READY COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of BE READY COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2023 names MARGARET MOON.
Who are the officers and directors of BE READY COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2023 lists 4 people; 2 received compensation from the organization, the highest $16,084 (emmanuel Deshields, president).
How much revenue does BE READY COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $1,028,542, expenses of $796,715 and total assets of $5,134,064 at year end.

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